Lendingkart Business Loan EMI Calculator

Calculate your Business Loan EMIs easily with the EMI calculator

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With the help of Lendingkart Business loan EMI Calculator, you can calculate your EMIs and plan your finances accordingly.

Lendingkart Business Loan EMI Calculator

Loan Amount

Tenure

Rate of Interest

Your Monthly Business Loan EMI

Principal Amount

Total Interest

Total Amount Payable

Amortization Schedule

Download

Year	EMI	Principal	Interest	Balance

How to Calculate Lendingkart Business Loan EMI

The EMI can be calculated from the following formula: EMI = [P x r x (1+r) ^n] / [(1+r)^ n-1]

Here, EMI = EMI amount

P = Principal amount

R = Rate of interest at which the loan is borrowed

N = tenure of the loan over which one would repay the loan

By using this formula, the applicant can manually calculate the EMI to be paid on a monthly basis but the process can be a bit inconvenient and time-consuming
To avoid these hassles, the Lendingkart Business Loan EMI Calculator has come to the rescue by completely eliminating the need to manually make the calculations.
All you need to do to calculate your monthly EMIs is to enter the loan amount, tenure of loan, and the rate of interest.
Lendingkart Business Loan has indeed made the entire process of calculating your EMI pretty seamless and quick!

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.